Hayes Property Partners Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07257603 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

HAYES PROPERTY PARTNERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Wrigley

REGISTERED OFFICE:

20 Market Street

Altrincham

Cheshire

WA14 1PF

REGISTERED NUMBER:

07257603 (England and Wales)

ACCOUNTANTS:

DHF Accounting Ltd

20 Market Street

Altrincham

Cheshire

WA14 1PF

SOLICITORS:

Myers Lister Price

7 Market Street

Altrincham

Cheshire

WA14 1QE

FIXED ASSETS

Tangible assets

2

1,638

1,750

Investments

3

-

3,530

1,638

5,280

CURRENT ASSETS

Debtors

230

5,894

Cash at bank and in hand

24,362

12,916

24,592

18,810

CREDITORS

Amounts falling due within one year

25,102

27,183

NET CURRENT LIABILITIES

(510

)

(8,373

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,128

(3,093

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,028

(3,193

)

SHAREHOLDERS' FUNDS

1,128

(3,093

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 January 2015 and were signed by:

J Wrigley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

2,742

Additions

765

At 31 May 2014

3,507

DEPRECIATION

At 1 June 2013

992

Charge for year

877

At 31 May 2014

1,869

NET BOOK VALUE

At 31 May 2014

1,638

At 31 May 2013

1,750

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2013

100

Disposals

(25

)

Impairments

(75

)

At 31 May 2014

-

PROVISIONS

At 1 June 2013

75

Provision written back

(75

)

At 31 May 2014

-

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

25

Loans

£

At 1 June 2013

3,505

Share of profit/(loss)

(3,505

)

At 31 May 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

100

Ordinary

£1

100

100